Back 5/90 Dearness Street
Off Market

5/90 Dearness Street

Garbutt QLD 4814

2
1
1
106 m²
Unit
Jack HowardJack Howard, last sold this property on 10 March 2026 after 35 days on market.

Overview

Buy Now, Move In Later - Smart Garbutt Opportunity

Positioned within a quiet, well-maintained complex, this neatly presented two-bedroom unit presents an excellent opportunity for both investors seeking immediate income and local buyers planning to move in once the current lease concludes. The practical layout includes two well-proportioned bedrooms, both fitted with built-in wardrobes, a central bathroom and an open-plan living and dining area designed for easy, low-maintenance living. Comfort is assured year-round with split system air conditioning to the main living area, main bedroom and secondary bedroom. An internal laundry adds everyday convenience. A secure single garage provides parking plus the added benefit of a separate storage room, while the rear secured patio offers a private outdoor area. The property is currently leased at $350 per week until 12/05/2026, with the most recent rent increase applied on 13/05/2025, delivering stable income in the short term while allowing future owner-occupiers time to plan their move. Property Features: • Neatly presented two-bedroom unit • Built-in wardrobes to both bedrooms • Open-plan living and dining layout • Split system air conditioning to living area and both bedrooms • Functional kitchen • Central bathroom • Internal laundry • Secure single garage • Separate storage room • Private, secured rear patio • Quiet, established complex • Body Corp Approx. $3,000 yearly • Rates & Utilities Approx. $2,000 half yearly • Rental Appraisal: $420/w - $440/w A flexible purchase offering immediate return with the option to occupy in the near future. Enquire today for further details.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
106 m² lot size
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Garbutt over the last 12 months, the estimated median property value of 5/90 Dearness Street is $385k.

Median value
$385k
Estimated value range
$320k - $415k
Median days on market
28
Estimated value trend
28%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Garbutt. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5/90 Dearness Street

2026
Sold
Undisclosed
10 Mar 2026 by Jack Howard, of Page & Pearce
2023
Sold
Undisclosed
30 Jul 2023 by Taylar-Lee Bamborough, of Page & Pearce
2019
Sold
Undisclosed
01 Mar 2019 by Julie Hazlehurst, of Page & Pearce

Happy sellers in Garbutt

100%
100% of sellers in Garbutt reported that their sale price either exceeded or met their price expectations.

Garbutt stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 12 reviews in Garbutt over the last 12 months.

Local market activity for 2 bedroom units in Garbutt

In the last 12 months, 9 two-bedroom units similar to 5/90 Dearness Street, have been sold.

This represents a 150% decrease in two-bedroom units sales when compared to the previous 12 months.

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